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CNBC
Elon Musk thanks Trump, says he's leaving government work with DOGE
In a post on X, Elon Musk thanked President Trump and said that his "scheduled time" for government work is coming to an end.
CNBC
Mark Zuckerberg says Meta AI has 1 billion monthly active users - CNBC
Meta's AI assistant now has 1 billion monthly active users ... Global Business and Financial News, Stock Quotes, and Market Data and Analysis.
CNBC
Telegram CEO announces $300 million partnership with Elon Musk's xAI and Grok
Elon Musk's startup xAI is paying Telegram $300 million to roll out its Grok chatbot.
CNBC
Elon Musk's xAI partners with messaging app Telegram in $300 million Grok deal
Elon Musk's startup xAI is paying Telegram $300 million to roll out its Grok chatbot.
The Verge
Inside the Meta monopoly trial - The Verge
Meta has a well-earned reputation as the fastest follower in tech. Did your startup launch a cool feature that people like? Before you can say...
theinformation.com The Information
Meta Overhauls Generative AI Group - theinformation.com The Information
Meta Platforms on Tuesday overhauled its generative artificial intelligence group, which is responsible for the company's key bets in AI,...
The Register
Don't click on that Facebook ad for a text-to-AI-video tool - The Register
Facebook ads were published on both attacker-created pages and compromised accounts, with UNC6032 "constantly" rotating the domains mentioned in the...
Bloomberg
Telegram to Distribute Grok in $300 Million xAI Deal, CEO Durov Says
Telegram agreed to a one-year deal with Elon Musk’s xAI to distribute its Grok chatbot to the messaging platform’s billion-plus users, according to Chief Executive Officer Pavel Durov.
Bloomberg
Zuckerberg’s Pivot Toward Trump Raises Questions About Endgame
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Riley Griffin writes about what she and colleague Kurt Wagner found in an in-depth examination of Mark Zuckerberg’s turn to the political right.
Axios
Meta shuffles AI, AGI teams to compete with OpenAI, ByteDance, Google - Axios
Driving the news: In an internal memo sent Tuesday and seen by Axios, chief product officer Chris Cox laid out the new structure, which will see...
Bloomberg
Meta’s Future Lies With Judge as FTC Antitrust Trial Ends
Meta Platforms Inc. has done all it can in court to fight back at the US Federal Trade Commission’s claims that it’s a monopoly. Now it’s up to a federal judge to decide whether the company should be broken up.
TechCrunch
Meta reportedly splits its AI team to build products faster | TechCrunch
As companies like OpenAI, Google, and Anthropic make moves, Meta is trying its best to stay neck-and-neck with the competition. The company...
Bloomberg
Meta Rolls Out WhatsApp for iPad in Belated Concession to Tablet Users
Meta Platforms Inc.’s WhatsApp released an iPad-specific version of its popular messaging app, belatedly offering a larger-format experience to users with Apple Inc. tablets.
Bloomberg
Kuaishou Sees Higher Spending on AI Development Denting Margins
Chinese social platform Kuaishou Technology expects to spend more on artificial intelligence development as it tries to dispel concerns about lackluster monetization of its latest AI tool.
PYMNTS.com
FTC Uses Meta Emails to Show Instagram's Role in Enabling Online Predators
Newly unsealed documents presented during the Federal Trade Commission's antitrust trial have revealed that Meta, the parent company of Instagram,...
Bloomberg
Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back?
Meta’s CEO has done everything he can to win over Trump, and it’s not clear how much he has to show for it.
PYMNTS.com
Meta Concludes Defense in FTC Trial Over Instagram, WhatsApp Acquisitions
In the final days of a high-stakes antitrust trial, Meta Platforms Inc. rested its defense, urging a federal judge to consider a different...
Bloomberg
Musk Vows to be ‘Super Focused’ on Companies Amid X Outages
Billionaire Elon Musk said he needs to be “super focused” on his companies, pointing to issues at X as evidence of a need for “major” improvement at the social network.
Bloomberg
X Down as Thousands Report Issues With Social Media Platform
The social media platform X, formerly known as Twitter, experienced an outage on Saturday as users reported issues with the site.
CNBC
Elon Musk's X temporarily down for tens of thousands of users
Elon Musk, the billionaire owner of SpaceX and Tesla, acquired X, formerly known as Twitter, in 2022.
Bloomberg
Musk’s Political Backpedal Leaves X Searching for Relevance
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner looks at Elon Musk’s stated desire to pull back from politics and what that may mean for his social network, X.
SCMP
Chinese biotech firm secures US$6 billion Pfizer deal for cancer drug
Pfizer will produce the drug, which targets lung and colorectal cancers, in the US and take a US$100 million stake in China’s 3SBio.
Bloomberg
Tanzania Curbs Internet After X Posts Fake President’s Death
Tanzania restricted internet access after several government accounts on the X social network platform were compromised.
Bloomberg.com
WhatsApp Had No Plans to Compete With Facebook, Co-Founder Says - Bloomberg.com
WhatsApp co-founder Brian Acton said that his messaging company had no plans to build social networking features to compete with Facebook before...
Axios
Meta to start removing expired ads from political ad archive - Axios
State of play: Meta, then Facebook, introduced its Ad Library on May 24, 2018. At the time, it said archived ads and advertisers would only be stored...
Bloomberg
TikTok Shop US Employees Told to Work From Home as Layoffs Loom
TikTok told US e-commerce staff to work from home Wednesday while awaiting emails regarding “difficult decisions,” suggesting the social media company is preparing to cut jobs.
PYMNTS.com
Meta Moves to Dismiss FTC Antitrust Case Amid Ongoing Trial - PYMNTS.com
Meta Platforms is seeking to shut down the FTC's high-profile antitrust case in the middle of the trial, arguing that the government has...
South China Morning Post
Who is #RichTok influencer Becca Bloom, who flaunts her lavish lifestyle online?
Meet #RichTok influencer Becca Bloom: the daughter of 2 tech ... Her dad, Simon Yiming Ma, and mum, Heidi Chou, founded software company Camelot...